Re:Restaurant workers quit at record rate
by bryanrasmussen on Wednesday July 21, 2021 @04:58AM
(#27903949)
>by not even trying to go open you have already lost.
sorry, I thought the store was open until it closed down and posted its reasons?
The problem with following the don't raise wages strategy and wait for your competitor to do it is if they outlast you - you reach the have to close position first.
>By not raising wages, keeping your employees and staying open you will definitely go under.
unless something changes that will make it profitable to raise wages.
>There is always convenience customers, loyal customers and opportunity customers who do not care about the 2-3% difference in price.
In a small margins business this might not be enough to keep you afloat.
sorry, I thought the store was open until it closed down and posted its reasons?
The problem with following the don't raise wages strategy and wait for your competitor to do it is if they outlast you - you reach the have to close position first.
>By not raising wages, keeping your employees and staying open you will definitely go under.
unless something changes that will make it profitable to raise wages.
>There is always convenience customers, loyal customers and opportunity customers who do not care about the 2-3% difference in price.
In a small margins business this might not be enough to keep you afloat.